Hays (HAS)

Sector:

Support

Index:

FTSE 250

72.00p
   
  • Change Today:
      1.55p
  • 52 Week High: 107.80
  • 52 Week Low: 65.00
  • Currency: UK Pounds
  • Shares Issued: 1,591.90m
  • Volume: 4,955,260
  • Market Cap: £1,146.17m
  • RiskGrade: 145

Hays first-half profits more than halve amid 'challenging' conditions

By Michele Maatouk

Date: Thursday 20 Feb 2025

LONDON (ShareCast) - (Sharecast News) - Recruiter Hays reported a drop in first-half profit on Thursday amid "challenging" market conditions, as economic and political uncertainty weighed on client and candidate confidence.
Hays said this drove lower placement volumes and a material lengthening of its 'time-to-hire'.

In the six months to the end of December 2024, operating profit fell 56% to £25.5m, while pre-tax profit was 66% lower at £9.1m. Net fees declined 13% to £496m and the interim dividend was left unchanged at 0.95p per share.

Net fees in Temp & Contracting were down 9% and more resilient than the Permanent segment, which saw a 19% drop, Hays said.

Chief executive Dirk Hahn said: "Our focused strategy has five levers designed to build a structurally more profitable, resilient and growing business and, despite ongoing macroeconomic uncertainty, we have remained relentlessly focussed on delivering them. Our 4% consultant fee productivity increase is sector leading, our structural cost savings initiatives are progressing well, net fee growth in Enterprise accelerated to 12% in Q2, and Temp & Contracting net fees are growing strongly in several of our Focus countries.

"However, we continue to face considerable headwinds from economic conditions and our like-for-like operating profit declined by 56% YoY. The board and I are very grateful for the deep commitment shown by all our colleagues through this challenging period."



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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Hays Market Data

Currency UK Pounds
Share Price 72.00p
Change Today 1.55p
% Change 2.20 %
52 Week High 107.80
52 Week Low 65.00
Volume 4,955,260
Shares Issued 1,591.90m
Market Cap £1,146.17m
RiskGrade 145

Hays Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
63.21% below the market average63.21% below the market average63.21% below the market average63.21% below the market average63.21% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Price Trend
55.63% below the market average55.63% below the market average55.63% below the market average55.63% below the market average55.63% below the market average
52.58% below the sector average52.58% below the sector average52.58% below the sector average52.58% below the sector average52.58% below the sector average
Income
1.92% above the market average1.92% above the market average1.92% above the market average1.92% above the market average1.92% above the market average
8.47% above the sector average8.47% above the sector average8.47% above the sector average8.47% above the sector average8.47% above the sector average
Growth
61.57% below the market average61.57% below the market average61.57% below the market average61.57% below the market average61.57% below the market average
65.22% below the sector average65.22% below the sector average65.22% below the sector average65.22% below the sector average65.22% below the sector average

What The Brokers Say

Strong Buy 5
Buy 3
Neutral 3
Sell 0
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Hays Dividends

  Latest Previous
  Interim Final
Ex-Div 27-Feb-25 17-Oct-24
Paid 09-Apr-25 25-Nov-24
Amount 0.95p 2.05p

Trades for 30-May-2025

Time Volume / Share Price
17:42 44,779 @ 71.94p
17:42 94,211 @ 71.94p
17:42 13,061 @ 71.94p
16:35 2,676,840 @ 72.00p
16:35 2,437 @ 72.00p

Hays Key Personnel

CEO Dirk Hahn

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